Payment Calculator

To calculate monthly payment, fill out the form and click "Calculate".

Purchase Price: *

Dollars

Down Payment:

Dollars

Mortgage Interest Rate: *

Percent

Mortgage Term:

Dollars

Yearly Property Taxes:

Dollars

Yearly Insurance Premium:

Dollars

Include Amortization Table In Results? *

Dollars

Please note that all payments are estimates. Actual payments may vary.

Monthly Payment

Monthly Taxes and Insurance :

$

Monthly Principal and Interest :

$

Your Total Monthly Payment would be :

$

Although your monthly payment is fixed, the amounts applied to principal and interest
change as you make your payments. Initially, your payment is applied almost entirely
to the interest you owe. The longer you pay on the loan, the greater the amount
which is applied toward the principal.

The interest rate substantially influences the amount of your payment.